Lang/Akins Dr Portland, TX 78374
This exceptional 2.9-acre commercial property presents a prime development opportunity in Portland, Texas. Located at 0 Lang/Akins Drive, this unimproved corner lot boasts significant frontage—approximately 424 feet on Lang Drive and approximately 298 feet on Akins Drive. Its C-R (Retail Commercial District) zoning allows for a wide range of development possibilities, making it ideal for entrepreneurs and investors seeking high-return potential. The property's strategic location, just two miles from the Exxon plant, ensures high visibility and accessibility. The surrounding area is experiencing substantial residential growth, with over 300 new single-family homes recently built, currently under construction, or planned. Further enhancing its appeal is a nearby 60-unit senior housing facility, creating a strong and diverse demographic base. This translates to a robust potential customer base for retail establishments or service-oriented businesses. The property's size and location make it particularly well-suited for a small strip center or a gas station, catering to the needs of the burgeoning residential community and the nearby industrial workforce. This is a rare opportunity to acquire a sizable, strategically located parcel in a rapidly expanding market. Act quickly to secure this exceptional investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.